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Indonesian (IDX) Steel Industry Analysis

UpdatedJul 18, 2026
DataAggregated Company Financials
Companies8
  • 7D5.8%
  • 3M-19.9%
  • 1Y45.7%
  • YTDn/a

The Steel industry is up 7.8% in the last week, with Alamtri Minerals Indonesia up 5.5%. In the last 12 months, the industry was up 41%. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 18 Jul 2026Rp75.3tRp50.6tRp12.1t11.5x6.2x1.5x
Mon, 15 Jun 2026Rp76.1tRp50.5tRp12.1t12.2x6.3x1.5x
Wed, 13 May 2026Rp88.6tRp49.5tRp11.8t14.5x7.5x1.8x
Fri, 10 Apr 2026Rp86.6tRp47.1tRp10.2t12.6x8.5x1.8x
Sun, 08 Mar 2026Rp96.5tRp47.7tRp6.2t9.6x15.6x2x
Tue, 03 Feb 2026Rp90.7tRp47.7tRp6.0t10.3x15.1x1.9x
Thu, 01 Jan 2026Rp79.4tRp47.6tRp6.0t11.1x13.2x1.7x
Sat, 29 Nov 2025Rp68.0tRp47.6tRp6.0t10.1x11.3x1.4x
Mon, 27 Oct 2025Rp68.4tRp47.5tRp2.5t17x27x1.4x
Wed, 24 Sep 2025Rp56.8tRp49.1tRp3.5t11.1x16.2x1.2x
Fri, 22 Aug 2025Rp55.5tRp48.3tRp3.4t11.9x16.1x1.1x
Sun, 20 Jul 2025Rp49.3tRp44.4tRp4.1t10.6x12.1x1.1x
Tue, 17 Jun 2025Rp50.4tRp44.3tRp4.1t10.6x12.4x1.1x
Thu, 15 May 2025Rp43.1tRp44.9tRp4.1t10.7x10.4x1x
Sat, 12 Apr 2025Rp42.0tRp52.0tRp4.0t6.8x10.6x0.8x
Mon, 10 Mar 2025Rp45.4tRp52.3tRp4.1t6.1x11.1x0.9x
Wed, 05 Feb 2025Rp45.7tRp56.1tRp6.0t4.3x7.7x0.8x
Fri, 03 Jan 2025Rp57.0tRp55.6tRp5.9t5.6x9.6x1x
Sun, 01 Dec 2024Rp59.3tRp54.6tRp5.8t6x10.2x1.1x
Tue, 29 Oct 2024Rp73.0tRp56.5tRp7.1t6.7x10.3x1.3x
Thu, 26 Sep 2024Rp70.6tRp54.7tRp6.8t6.9x10.4x1.3x
Sat, 24 Aug 2024Rp66.0tRp54.1tRp6.1t7.1x10.8x1.2x
Mon, 22 Jul 2024Rp68.6tRp57.4tRp6.7t7.2x10.2x1.2x
Wed, 19 Jun 2024Rp64.2tRp65.6tRp7.0t6.9x9.2x1x
Fri, 17 May 2024Rp65.9tRp67.2tRp7.0t7x9.4x1x
Sun, 14 Apr 2024Rp67.0tRp67.6tRp6.4t7.8x10.5x1x
Tue, 12 Mar 2024Rp71.8tRp66.6tRp6.1t8.7x11.7x1.1x
Thu, 08 Feb 2024Rp71.8tRp65.8tRp3.8t10.5x18.8x1.1x
Sat, 06 Jan 2024Rp70.5tRp65.5tRp3.8t11.4x18.5x1.1x
Mon, 04 Dec 2023Rp65.3tRp70.5tRp4.6t9.4x14.3x0.9x
Wed, 01 Nov 2023Rp59.4tRp71.6tRp4.5t8.6x13.1x0.8x
Fri, 29 Sep 2023Rp70.1tRp70.3tRp4.4t10.1x15.8x1x
Sun, 27 Aug 2023Rp64.0tRp69.5tRp4.4t9.9x14.6x0.9x
Tue, 25 Jul 2023Rp55.0tRp75.8tRp6.0t8.1x9.2x0.7x
Price to Earnings Ratio

9.2x


Total Market Cap: Rp55.0tTotal Earnings: Rp6.0tTotal Revenue: Rp75.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 12.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 6.2x which is lower than its 3-year average PE of 12.5x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 27% per year over the last three years.
  • Meanwhile revenues for these companies have declined 13% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market3.96%
Materials6.26%
Metals and Mining7.17%
Steel5.80%
Copper12.25%
Aluminum6.62%
Diversified Metals and Mining5.21%
Gold4.80%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADMR Alamtri Minerals IndonesiaRp1.53k5.5%
+Rp3.3t		56.9%PE11.9x
KRAS Krakatau Steel (Persero)Rp240.0011.1%
+Rp464.3b		-3.2%PE0.7x
ISSP Steel Pipe Industry of IndonesiaRp410.007.3%
+Rp197.4b		22.8%PE5.5x
GGRP Gunung Raja PaksiRp296.002.8%
+Rp96.9b		n/aPS1.1x
GDST Gunawan Dianjaya SteelRp92.0010.8%
+Rp83.2b		-12.4%PE17.9x

Latest News

GDST
Rp92.00
Gunawan Dianjaya Steel
7D
10.8%
1Y
-12.4%
KRAS
Rp240.00
Krakatau Steel (Persero)
7D
11.1%
1Y
-3.2%
LABA
Rp94.00
Green Power Group
7D
3.3%
1Y
-73.7%
ADMR
Rp1,530.00
Alamtri Minerals Indonesia
7D
5.5%
1Y
56.9%
NIKL
Rp189.00
Pelat Timah Nusantara
7D
3.8%
1Y
-19.2%
GGRP
Rp296.00
Gunung Raja Paksi
7D
2.8%
1Y
n/a
BTON
Rp342.00
Betonjaya Manunggal
7D
-2.3%
1Y
-11.4%
ISSP
Rp410.00
Steel Pipe Industry of Indonesia
7D
7.3%
1Y
22.8%
BAJA
Rp167.00
Saranacentral Bajatama
7D
4.4%
1Y
35.8%